Spot power prices down 32% in Oct
Electricity prices in the spot market declined by 32% on year in October owing to enhanced hydro, wind, and solar generation, combined with steady supply from coal-based plants.
As per data from the Indian Energy Exchange, market clearing price in the Day Ahead Market stood at Rs. 2.67/unit during October, down 32% from the same period last year. Similarly, prices in the Real Time Market stood at Rs 2.73/unit during last month, down 27.8% from October 2024.
